Russia's budget deficit in first quarter amounts to 712.9 billion rubles, Finance Ministry reports

Russia's budget deficit in first quarter amounts to 712.9 billion rubles, Finance Ministry reports

As the Ministry of Finance of Russia reported today, country's federal budget deficit has amounted to 712.9 billion rubles, or 3.7% to GDP volume, in the first three months of 2016.

The volume of federal budget revenues, received from January to March, has amounted to 2.908 trillion rubles, or 21.2% of total federal revenues volume, approved by the law "On the Federal Budget for 2016", TASS reports.

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